The arrival of the royal baby will inject fresh momentum into the recovering economy as a ‘feel-good factor’ sweeps Britain, an expert said last night.I just hope that the idiot Howard Archer has no real influence because if so then we are doomed. He went on to explain the reasons for his optimism:
Howard Archer, a City of London economist, said the impact on growth would be ‘overwhelmingly positive’.
The most likely economic support will come from sales of royal souvenirs and commemorative merchandise, while bookies benefit from bets on the baby’s name.and that:
Retailers are hopeful the arrival of the Duke and Duchess of Cambridge's baby boy will give a the High Street a temporary boost in July as shoppers stock up on champagne and memorabilia to celebrate
Only a fool would think that sales of some cheap china with commemorative printing is going to help our ailing economy or that increased betting with money that no one can afford is going to benefit anybody other than payday loan companies.
But the biggest fool is the Daily Mail itself because it prints the bloody rubbish. I'm willing to bet that not one single person, excepting members of the Middleton family, feel the slightest bit better than they did before the birth. I'm tempted to go out and buy shares in Wonga.com but I'd have to get a pension day loan to pay for my investment.
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